3 ms·

That's totally dependent on cost of living and many are making less than that.

jdavis703 9y ago
Median income generally increases in areas with a high cost of living. In the San Francisco Bay Area the three largest cities and counties have median income going from $87,000 to $103,000.
- vvanders 9y ago
  Cool, so half of your people are above 87-103k, the other half are good and properly fucked in that situation. Maybe when we're talking about the bottom 10% or 20% I'll care less but having lived in that situation where even one major would have wiped us out I think it's a pretty serious problem that's often overlooked or blamed away. I'm doing fine now(yay getting out of gamedev) but I'm always shocked how few of my coworkers are aware that most people are just scraping by.
- PatchMonkey 9y ago
  https://apnews.com/9309128222ab4c4f92b0d0022e1ec133/In-shadow-of-tech-boom,-the-working-homeless-sleep-in-cars https://apnews.com/9309128222ab4c4f92b0d0022e1ec133/In-shado... Oh look, a news story about people with full-time jobs having to sleep in cars.
RyanCavanaugh 9y ago
Re: sibling comment, citing high wages in SF as evidence that cost of living pushes up wages is getting the direction of causation at least 50% wrong. You might equally say that owning a Rolex increases your income, since it seems most people who have one make a lot of money.
ModernMech 9y ago
Even with $100k in SF, it can be tough to save with a family. Let's do some math. Taxes are about 25%, so you're down to $75k right off the bat. Median rent in SF is $3880, so that's $46560 a year on rent. We're down to $28k. Last year I spent $11k on student loans, between me and my wife, and we're down to $17k. $1700 on electricity and internet: $15k. Car payment and gas was $3k, down to $12k. We're left with $1000 a month for food, clothing, and everything else in one of the most expensive cities in the US, a city where a hamburger can easily cost $20. That doesn't go very far at all. Add in the medical debt I have, and I was pretty much broke at the end of each month.
- tylermac1 9y ago
  Oh this is easy: 1. Go back in time and don't go to college 2. Get roommates 3. Don't have internet. Ration electricity. 4. Sell your car and steal a bike. 5. Don't eat. and finally, move to Montana where your dollar goes further. This all seems to be relatively in the ballpark of what's commonly suggested when people on here rightly complain about CoL.
  - deleted 9y ago
    [deleted]
  - AstralStorm 9y ago
    Short version, join Mennonites or Amish?

Median income generally increases in areas with a high cost of living. In the San Francisco Bay Area the three largest cities and counties have median income going from $87,000 to $103,000.

vvanders 9y ago
Cool, so half of your people are above 87-103k, the other half are good and properly fucked in that situation. Maybe when we're talking about the bottom 10% or 20% I'll care less but having lived in that situation where even one major would have wiped us out I think it's a pretty serious problem that's often overlooked or blamed away. I'm doing fine now(yay getting out of gamedev) but I'm always shocked how few of my coworkers are aware that most people are just scraping by.
PatchMonkey 9y ago
https://apnews.com/9309128222ab4c4f92b0d0022e1ec133/In-shadow-of-tech-boom,-the-working-homeless-sleep-in-cars https://apnews.com/9309128222ab4c4f92b0d0022e1ec133/In-shado... Oh look, a news story about people with full-time jobs having to sleep in cars.

RyanCavanaugh 9y ago

Re: sibling comment, citing high wages in SF as evidence that cost of living pushes up wages is getting the direction of causation at least 50% wrong. You might equally say that owning a Rolex increases your income, since it seems most people who have one make a lot of money.

ModernMech 9y ago

Even with $100k in SF, it can be tough to save with a family. Let's do some math. Taxes are about 25%, so you're down to $75k right off the bat. Median rent in SF is $3880, so that's $46560 a year on rent. We're down to $28k. Last year I spent $11k on student loans, between me and my wife, and we're down to $17k. $1700 on electricity and internet: $15k. Car payment and gas was $3k, down to $12k. We're left with $1000 a month for food, clothing, and everything else in one of the most expensive cities in the US, a city where a hamburger can easily cost $20. That doesn't go very far at all. Add in the medical debt I have, and I was pretty much broke at the end of each month.

tylermac1 9y ago
Oh this is easy: 1. Go back in time and don't go to college 2. Get roommates 3. Don't have internet. Ration electricity. 4. Sell your car and steal a bike. 5. Don't eat. and finally, move to Montana where your dollar goes further. This all seems to be relatively in the ballpark of what's commonly suggested when people on here rightly complain about CoL.
- deleted 9y ago
  [deleted]
- AstralStorm 9y ago
  Short version, join Mennonites or Amish?